Remote monitoring and data analytics company Medical Informatics raises $17M

MobiHealth News November 29, 2022
Jessica Hagen

The company will use the investment to expand its product specialist and client engagement teams.

Health informatics and data collection company Medical Informatics announced its receipt of $27 million, made up of a $17 million Series B round plus $10 million in debt.

The equity round was co-led by Catalio Capital Management’s venture capital strategy and Intel Capital, while Catalio Capital Management led the additional $10 million debt through its structured equity strategy.

New investors joined in the round, including Notley and TGH Innoventures, with participation from existing investors TMC, DCVC and nCourage.

WHAT IT DOES

The Texas-based company’s SaaS-based Sickbay Clinical Platform, which received 510(k) clearance in 2015, provides hospitals with real-time waveform data from bedside devices. The...

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